AG Ferguson files suit against Sallie Mae offshoot Navient Corp., announces scholar Loan Bill of Rights legislation

AG Ferguson files suit against Sallie Mae offshoot Navient Corp., announces scholar Loan Bill of Rights legislation

Lawsuit alleges numerous misleading education loan lending, servicing and commercial collection agency techniques

OLYMPIA — Attorney General Bob Ferguson today filed case against education loan servicer Navient Corporation, an offshoot of education-finance giant Sallie Mae.

In addition, Ferguson additionally announced their agency-request Student Loan Bill of Rights legislation, introduced this session, to offer more resources for pupils and establish requirements for education loan servicers like Navient.

“Enormous student-loan financial obligation is a concern for several Washingtonians, ” Ferguson stated. “i am going to hold businesses accountable once they treat borrowers unfairly. ”

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